Tech

Wednesday, February 3, 2016

The deal enables FireEye to offer security orchestration capabilities as a part of its Global Threat Management Platform.

Threat Protect Works

FireEye is adding another firm to its growing arsenal of cyber security technology. FireEye has acquired Invotas, a company that develops a platform that helps administrators respond faster to security incidents. The deal closed on Monday, but financial terms of the deal were not disclosed. The deal enables FireEye to offer one of the world's premier security orchestration capabilities as part of the FireEye global threat management platform. FireEye plans to leverage Invotas technology to unify cyber attack detection results, threat intelligence and incident response elements of an organization's security program into a single console, giving enterprises the ability to respond more quickly and more effectively to cyber attacks through automation.The deal will combine two of the world's leading cybersecurity firms. FireEye, which known for its highly innovative Mandiant forensic unit, provides real-time threat protection against all types of cyber attacks. And, Invotas, which known for security platforms that helps IT administrators respond faster to security incidents. David DeWalt, FireEye CEO and chairman of the borad, said in a statement:"The addition of Invotas' technology enables us to enhance our global threat management platform and advance ongoing efforts to provide our customers with a centralized method to manage alerts and intelligence and then automate actions based on FireEye-built playbooks or their own custom strategies," and also added this: "The ability to provide one efficient console for an organization's security program solidifies FireEye's role as a trusted advisor."Paul Nguyen, CEO Invotas, said in a statement: "FireEye is a perfect fit for Invotas, offering us the opportunity to fuse our security automation and orchestration capabilities with the company that delivers today's most comprehensive threat management platform," and also added this: "The strength of Invotas' technology centers around its ability to easily integrate into the security ecosystem of an organization and automate key elements of incident response. FireEye offers the most comprehensive combination of security technology, intelligence and frontline expertise employed by enterprises and government organizations today. FireEye leads in delivering high fidelity alerts and contextual threat intelligence, and this move to enrich workflows with these insights and codify FireEye frontline expertise into automated playbooks is going to be a game changer for security operation teams."Founded in 2014 and based in Alexandria, Virginia, Invotas is a security orchestration and automation provider. Invotas has a single product, its Security Orchestration, which is designed to take in information from a range of security products from different vendors and automate responses when an incident is detected. Invotas currently employs 19 people.The addition of Invotas’ technologies to FireEye’s security portfolio promises to have a huge effect on the world face with an escalating threat landscape, addressing and meeting critical needs of companies struggling to keep pace with advance of cyber threats. Invotas is FireEye’s second big acquisition this year. A week ago, the company made huge headlines when it acquired iSIGHT, a leading provider of cyber threat intelligence for global enterprises. Dallas-based iSIGHT is a very specialized security firm, best known for tracking threat development and uncovering large cyber campaigns from Russia, Iran and other rogue nations.In addition, FireEye plans to use Invotas’ technology as part of its partnership with security firm ForeScouts, which develops software that detects new devices joining a net work and manages them.Founded in 2004 and based in Milpitas, California, FireEye is a publicly traded US-based network security company that provides automated threat forensics and cyber intelligence solutions against advanced cyber threats.The company provides a combination of expertise and targeted, relevant intelligence that still unmatched in the security industry. Its threat prevention platforms include Network, Email, Endpoint, Content, Mobile, Analytics and Forensics. Currently, the company has 4,000 clients across 67 countries, including more than 650 of the Forbes Global 2000 companies. FireEye's major investors interlude Sequoia Capital, Norwest Venture Partners, Icon Ventures, SVB Capital, DAG Ventures, In-Q-Tel and network security firm Juniper Networks.

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